SalaryNode

Average Buyers and Purchasing Agents Salary in Northeast Nebraska nonmetropolitan area

In the Northeast Nebraska nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $70,530. This figure is notably below the national average of $80,070, reflecting the unique economic dynamics and potentially lower operational costs characteristic of nonmetropolitan regions. Localized demand and industry concentration play a significant role in shaping compensation within this specific geographic area.

Executive Summary

  • Average Salary: $70,530 per year.
  • Growth Trend: Salaries have shifted 7.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $96,890.
  • Outlook: The job market for Buyers and Purchasing Agents in Northeast Nebraska nonmetropolitan area appears stable, with a local workforce of 320 professionals. The Location Quotient of 1.04 suggests a concentration of these roles that is slightly above the national average, indicating a consistent, albeit not overwhelmingly high, demand for this expertise within the region's economic landscape.
2024 Market Data

Salary Overview

$70,530

The average Buyers and Purchasing Agents in Northeast Nebraska nonmetropolitan area earns-11.9%below the national average.

BreakdownBased on 40h/week
Hourly

$33.9

Weekly

$1,356

Monthly

$5,878

Buyers and Purchasing Agents Salary Distribution in Northeast Nebraska nonmetropolitan area

Career progression for Buyers and Purchasing Agents typically involves a significant salary increase with experience. Entry-level positions often start at the lower percentiles, while seasoned professionals with extensive expertise and a proven track record can command salaries in the higher percentiles. The widening gap between entry-level and senior roles underscores the value placed on accumulated knowledge, negotiation skills, and strategic sourcing capabilities within the profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$44,110$21.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$52,898$25.4
ManagerOversees team, compliance, and project delivery.50% (Median)$68,980$33.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$88,163$42.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$96,890$46.6

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$70,530

Gross Pay

Real Wage (Purchasing Power)

$70,530

Adjusted for COL (100)

The nominal average salary of $70,530 in Northeast Nebraska nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, suggesting that while the take-home pay is lower than the national average, the cost of essential goods and services remains comparable, offering a balanced financial standing for residents.

Job Market Context

320

Total Jobs

3.287

Per 1K Jobs

1.04

Location Quotient

Above Average

With a location quotient of 1.04, Northeast Nebraska nonmetropolitan area has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.

With a Location Quotient of 1.04, Northeast Nebraska nonmetropolitan area exhibits a job market for Buyers and Purchasing Agents that is very close to the national average in terms of concentration. This indicates a balanced supply and demand dynamic; the market is neither oversaturated nor experiencing a significant shortage of these professionals, suggesting a competitive yet accessible environment for both employers and job seekers.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near Northeast Nebraska nonmetropolitan area

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Northeast Nebraska nonmetropolitan area?

The median annual salary for a Buyers and Purchasing Agents in Northeast Nebraska nonmetropolitan area is $70,530. This typically ranges from $44,110 for entry-level positions to $96,890 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northeast Nebraska nonmetropolitan area is 11.9% lower than the national median of $80,070.

Is Northeast Nebraska nonmetropolitan area a lucrative place for Buyers and Purchasing Agentss?

No, it is not exceptionally lucrative compared to national averages.While the average salary of $70,530 is respectable, it falls below the national average of $80,070. However, the cost of living being at the national average means the salary's purchasing power is on par nationally.

Is Northeast Nebraska nonmetropolitan area a good place to live for Buyers and Purchasing Agents?

The Cost of Living Index in Northeast Nebraska nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northeast Nebraska nonmetropolitan area?

Some top paying nearby cities include Grand Island, NE ($66,490) and Lincoln, NE.

How does the local workforce size impact job opportunities?

A local workforce of 320 suggests a moderately sized pool of professionals. This indicates a stable job market with consistent opportunities, but perhaps fewer openings than in larger metropolitan areas with significantly larger workforces.

What does a Location Quotient of 1.04 signify?

A Location Quotient of 1.04 means that Buyers and Purchasing Agents are employed in Northeast Nebraska nonmetropolitan area at a rate 4% higher than the national average. This suggests a slightly stronger regional presence and demand for this occupation.

How does the Cost of Living Index affect the salary?

An index of 100 means the cost of living is exactly average. Therefore, the $70,530 salary provides purchasing power equivalent to the national average, making it neither exceptionally high nor low in real terms.

Are there significant salary differences based on experience?

Yes, like most professions, Buyers and Purchasing Agents typically see substantial salary increases as they gain experience, moving from entry-level roles to senior positions with greater responsibilities and expertise.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Northeast Nebraska nonmetropolitan area area with a job density of 3.287 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.